STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $229.1M | $261.2M | $297.6M | $327.5M | $344.6M | |
| YoY % | — | +14.0% | +13.9% | +10.0% | +5.2% | |
| P / Sales | 2.6x | 3.0x | 2.6x | 2.5x | 2.3x | |
| EV / Sales | 1.1x | 2.7x | 1.5x | 1.7x | 2.1x | |
| Gross Profit, Adj. | $123.0M | $135.1M | $152.5M | $170.9M | $178.1M | |
| YoY % | — | +9.9% | +12.9% | +12.1% | +4.2% | |
| Margin % | 53.7% | 51.7% | 51.2% | 52.2% | 51.7% | |
| EV / Gross Profit | 2.1x | 5.2x | 3.0x | 3.2x | 4.1x | |
| EBITDA, Adj. | $-48.8M | $-97.9M | $-62.2M | $-32.2M | $-18.4M | |
| YoY % | — | -100.5% | +36.5% | +48.2% | +42.7% | |
| Margin % | -21.3% | -37.5% | -20.9% | -9.8% | -5.4% | |
| EV / EBITDA | -5.2x | -7.1x | -7.3x | -17.1x | -39.9x | |
| EBIT | $-55.9M | $-109.3M | $-76.8M | $-47.9M | $-34.0M | |
| YoY % | — | -95.5% | +29.7% | +37.7% | +28.9% | |
| Margin % | -24.4% | -41.9% | -25.8% | -14.6% | -9.9% | |
| EV / EBIT | -4.6x | -6.4x | -5.9x | -11.5x | -21.6x | |
| Net Income | $-179.4M | $-104.7M | $-59.0M | $-34.9M | $-27.6M | |
| YoY % | — | +41.6% | +43.6% | +40.8% | +21.1% | |
| Net Margin | -78.3% | -40.1% | -19.8% | -10.7% | -8.0% | |
| EPS (GAAP) | -$2.35 | -$0.62 | -$0.33 | -$0.20 | -$0.18 | |
| YoY % | — | +73.6% | +46.8% | +39.4% | +10.0% |